Country for PR: China
Contributor: PR Newswire Asia (China)
Tuesday, November 23 2021 - 17:13
AsiaNet
EnergyAustralia partners with UPowr to make solar and battery more affordable for NSW households
SYDNEY, Nov. 23, 2021 /PRNewswire-Asianet/ --

Australian climate tech company UPowr is excited to announce its partnership 
with On by EnergyAustralia to offer eligible New South Wales homeowners a solar 
and battery system with no upfront costs – with the help of an interest-free 
loan from the New South Wales Government's Empowering Homes Program( 
https://www.energysaver.nsw.gov.au/browse-energy-offers/household-offers/apply-empowering-homes-solar-battery-loan-offer) 
. 

It promises to make access to solar and batteries easy and affordable, says 
Mark Brownfield, EnergyAustralia's Chief Customer Officer. 

"When it comes to getting solar and batteries it can be hard to know where to 
start. It can be complicated and confusing – not to mention expensive. With our 
Solar Plus Plan we'll do the hard work for customers, taking care of the system 
selection and arranging for the installation," said Mark. 

"But the really exciting bit is that you'll pay nothing upfront. You pay off 
your solar and battery system over seven years*, simply by paying your energy 
bill. We'll make the loan repayments on your behalf from what you pay for your 
electricity. It's a game changer," he said. 

Customers agree, with Mark saying their trial of a similar no up-front cost 
solar and battery deal was keenly embraced. This encouraged EnergyAustralia to 
roll out this offer to people in select postcodes in the Endeavour and 
Essential Energy distribution areas. 

Customers taking up the offer get a high-quality system that's right for their 
home. It includes a 5.85kW tier one solar system, an inverter and 10.1kWh 
battery - valued at over $13,000. On by EnergyAustralia arranges for the 
installation. 

EnergyAustralia uses smart software to balance the customer's electricity 
supply from the grid, solar and battery. The battery will form part of 
EnergyAustralia's Virtual Power Plant – a network of batteries helping to 
support the grid. 

"Homeowners continue to use their electricity and be charged for it like they 
were before. They pay a competitive rate that is lower than today's standard 
default rate and this rate applies regardless of whether their electricity 
comes from the grid, solar or battery. Plus the rate is locked in for the seven 
years*.  

"Then once the seven years* is up that's it – they own the solar and battery 
system outright," said Mark. 

Solar Plus Plan will use UPowr's cleantech software to manage solar and battery 
system design, installation and warranty management inside a single digital 
experience, streamlining the end-to-end process. The software synchronises with 
UPowr's Installer platform, enabling the fast and efficient deployment of field 
operations to get assets installed safely and securely by experienced, local 
professionals. 

This partnership is a major step for UPowr on its mission to empower people and 
businesses to accelerate the world beyond net zero emissions.

"Lowering the barrier to entry is the most impactful thing we can do to achieve 
mass adoption of solar and battery systems. EA's fixed-rate energy plans are a 
great way of pursuing this," says Stu Philpot, Co-Founder and CEO at UPowr.

Affordability and Battery Coupling Key to a More Sustainable National Energy 
Grid

Solar and battery adoption in Australia is expected to grow to more than $5 
billion by 2025, but affordability is key to realising that potential. Coupling 
residential solar generation with battery storage is essential to increasing 
the electrification of the National Energy Grid (NEG), and ensuring a 
sustainable supply of renewable energy.

Batteries can help reduce the overall cost to serve and manage grid voltage 
issues, while providing a standing reserve of energy. Virtual Power Plants are 
networks of battery assets, optimised remotely by a single entity to help 
address some of the constraints of an NEG awash with solar energy. 

VPP's are predicted to become the dominant vehicle for solar and battery sales 
in the medium term, helping homeowners extract even more value from their 
residential solar and battery assets, and ultimately result in lower energy 
costs and a greener grid.

-END-

* The 7-year period commences from the date the system is installed at the 
customer's property. 

About Empowering Homes

Empowering Homes is an initiative from the NSW Government to help households 
access clean renewable energy and cut their electricity bills. This solar 
battery loan offer allows eligible households in eligible postcodes to access 
an interest free loan to install a battery or solar battery system in their 
home. For more information visit www.energysaver.nsw.gov.au. 

About UPowr: 

UPowr is an Australian climate tech startup with a mission to help drive 
electrification and accelerate the global transition to an electrified energy 
system. 

We enable businesses to accelerate a world beyond net zero with our 
built-for-purpose software, making it easy to design, deploy and manage clean 
energy systems at scale.

SOURCE:  UPowr